NewsWare’s Trade Talk: Thursday, March 21

S&P Futures are displaying solid gains this morning as yesterday's Fed news is sparking a rally in equities. Fed Chairman Jerome Powell was dovish in his press conference. This morning's PMI data for manufacturing and services will be widely watched. On the earnings front, Micron delivered a positive report sending the shares higher. This afternoon we have reports due out from NKE, FDX & LULU. Apple shares are week as an announcement from the DOJ is expected today. European markets are higher, there is a BOE rate decision today and Oil prices are displaying weakness this morning.